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Your GScore changes depending on your GCash activity such as your E-wallet balance, Bills Payment, and GCredit Payment Behavior. The more you use GCash, the higher your GScore.
What is the highest credit limit in GCredit?
GCredit gives you a credit line of up to PHP 30,000 that allows you to instantly pay for your online transactions and your essentials at a later date to over 100,000 stores and billers with no additional requirements needed. A credit line allows you to borrow money anytime to complete your online transactions.
Can I use GCredit as credit card?
GCredit is a revolving mobile credit line on the GCash app that you can use to pay for goods and services in GCash QR-accepting merchants, shop online in selected e-commerce merchants, or to pay for bills in the “Pay Bills” feature on the GCash app!
What is the other payment option for GCredit?
You can pay for your GCredit by ensuring that you have enough GCash wallet balance to cover your amount due. You may either cash-in through a GCash Partner Outlet or transfer funds to your GCash from your BPI, RCBC, or PayPal account.
Does using GCash Mastercard increase GScore Related Questions
What is a GCredit score of 350?
Your score falls within the range of scores, from 300 to 579, considered Very Poor. A 350 FICO® Score is significantly below the average credit score.
What is the GScore for 10000 GCredit?
The app requires a GScore of around 600 to unlock the 10000 credit limit to unlock the feature. You just have to keep on using the cash-in feature to increase your score.
How can I increase my GCredit limit to 30k?
Always use GCredit in your transactions such as Pay Bills, Pay QR, Shop Online, and GLife to increase your GCredit Limit. Limit increases based on your GCredit Activity, your GScore and how much you’re spending using GCredit.
How do you qualify for GLoan?
You must be 21 to 65 years old. You must be a Filipino national. Your GCash profile needs to be fully verified via the GCash app using any of the following IDs: You have a good credit record and did not commit any fraudulent transactions. You maintain a good GScore.
Is it possible to have a 2 GCredit account?
5. Multiple GCredit accounts. Having multiple GCredit accounts under your name will deactivate all of your accounts. You will need to close your other GCredit accounts to reactivate your GCredit.
Can I borrow money from GCash?
GLoan is GCash’s fast and easy cash loan solution where you can loan up to PHP 125,000 instantly. You can use your loan to pay bills, go shopping with over 200,000 GCash partner merchants, and you can also cash out your loan to your chosen bank account or cash out channels using GCash’s Send Money feature.
Where can I check my GCash credit limit?
The Profile Limits page is a GCash in-app feature that shows your Wallet Limit, Daily Outgoing Limit, and Monthly Incoming Limit based on your verification profile. This feature is available for all GCash customers and is customized based on your profile and the number of GCash accounts.
Can I pay my GCash loan in full?
Yes! You may pay your loan in full through the GLoan feature in the app. You can check the total amount that you need to pay through your amortization schedule or by simply multiplying your monthly due amount to your remaining months to pay the loan.
Can I use GCash credit to pay bills?
You can use GCredit to purchase your essentials, pay for your online transactions and pay bills. There are a number of ways you can use GCredit on GCash. You can use GCredit to pay for your transactions in Pay Bills, Pay Online, Pay QR and GLife.
What happens if I only pay minimum due on GCredit?
When you pay your Minimum Amount Due, only that portion will be replenished in your credit limit. This means that you still can’t use the balance or your unpaid charges.
What happens if you didn’t pay for GCredit?
When you do not pay your dues on time, your GCredit line will be suspended which means that you will not be able to use GCredit as a payment option. You will be charged with additional penalty fees depending on the number of days it took for you to pay your GCredit dues beyond your due date.
How can I increase my GCash limit?
Verifying your GCash Account. Visit How do I get Fully Verified? Linking and Cashing In from any of the following banks to your GCash Account: Financial Institution. Opening a GSave Account and deposit at least ₱100. Opening a GInvest Account and invest at least ₱100.
How do I know if I am eligible for GCredit?
You are 21 to 65 years old. You are a Filipino citizen. You have fully-verified your GCash account. Visit How do I get Fully Verified? to learn how to fully verify your GCash account.
What is the benefit of high GScore?
Your GScore is the primary basis for you to qualify to use our lending products such as GCredit, GGives, and GLoan. All GCash users have a GScore, which is a score that reflects how active you are when you use GCash. Having a high GScore gives you access to GCredit. Visit How can I apply for GCredit? to learn more.
Can I use GCredit again after payment?
GCredit Line Replenishment – You will be able to use your GCredit again after you pay your dues. GScore increase РIf you always pay on or before the deadline, your GScore will increase! The higher your GScore is, the higher your credit limit will be and the lower your interest rates will be!
What is a qualified GScore?
It is the trust rating computed for you based on the various activities you do in GCash such as maintaining an active wallet balance, paying your bills, using GSave, GInvest, and GInsure.